Financial Services

Guiding an industry in transition

Amid significant global regulatory reform, banks and securities firms are faced with numerous challenges and sweeping changes. How should banks' operating models evolve? Where are the greatest opportunities for growth? What is the most effective way to raise and manage capital?

These are some of the questions banks are wrestling with as they seek to comply with new regulations while meeting the expectations of customers and shareholders for service, transparency and return-on-investment.

We provide guidance in these key areas:

• Bank reporting

  Heightened levels of professional scepticism and executive involvement are needed in today's environment. Read our candid perspectives.

  	Key themes from Q3 2013 earnings calls The most recent earnings season provided clear evidence that banks worldwide continue to face numerous barriers to successfully achieving consistent, predictable and repeatable results.
  	International GAAP® illustrative financial statements We walk you through a practical working model of consolidated financial statements prepared in accordance with International Financial Reporting Standards.
  	The new FASB and IASB impairment model: US financial institutions weigh in Read our survey of credit risk and accounting policy personnel at 14 different financial institutions of various sizes from community banks to very large national banks.
  	Federal Reserve: bank regulatory reporting survey Use our bank regulatory reporting benchmark survey to compare your organisation to the current practices of RRDs against plans extending through 2015.
  	International GAAP banking financial statements We walk you through a practical working model of consolidated financial statements prepared in accordance with International Financial Reporting Standards.
  	Dodd-Frank: seven implications for banks While the Dodd-Frank Act passed by US lawmakers contains few explicit tax sections, its provisions may have significant tax implications for financial institutions.
  	What the 'bank bonus tax' means for you The UK Government introduced a new bank payroll tax in its 2009 Pre-Budget Report that will impact companies within the banking sector.
  	How to achieve VAT package compliance Businesses that supply and/or purchase services across the European Union will be affected by the "VAT package" effective 1 January 2010.
  	Transfer pricing's impact on France We explain the Contemporaneous transfer pricing documentation now required for some French entities.
  	Key issues when restructuring intercompany loans The scarcity of credit and capital means companies stand to benefit from factoring in a liquidity premium when pricing their intercompany lending transactions.